Share Price and Basic Stock Data
Last Updated: December 10, 2025, 9:49 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Nitiraj Engineers Ltd operates in the electronics equipment and components sector, a space characterized by rapid technological advancements and fierce competition. The company’s revenue has seen fluctuations over the years, with sales recorded at ₹46.08 Cr for FY 2023, slightly up from ₹39.63 Cr in FY 2022. However, this represents a decline from the ₹53.40 Cr in FY 2021. The quarterly sales data further illustrates this volatility, especially during the pandemic years. For instance, sales dipped to ₹7.07 Cr in June 2020 before recovering to ₹11.37 Cr by March 2023. Such trends indicate that while the company has managed to stabilize after significant dips, it still faces challenges in maintaining consistent growth. The operating profit margin (OPM) has also shown a modest recovery, standing at 8.36% in the latest quarter, which is an improvement from the previous year’s 4.11%. This suggests a potential for better cost management, albeit still below optimal levels for the industry.
Profitability and Efficiency Metrics
The profitability of Nitiraj Engineers has been a mixed bag, with the company reporting a net loss of ₹0.23 Cr for FY 2023, following a loss of ₹3.53 Cr in FY 2022. The trend of negative net profits raises concerns, particularly when juxtaposed against the backdrop of a rising OPM, which is currently at 7.57% for FY 2023. The interest coverage ratio (ICR) reveals a solid position, recorded at 12.57x, indicating that the company comfortably meets its interest obligations. However, the return on equity (ROE) and return on capital employed (ROCE) are notably low at 0.35% and 0.38%, respectively, which reflects inefficiencies in generating returns from shareholders’ investments. The cash conversion cycle (CCC) has stretched to 354.26 days, suggesting that the company may be struggling with inventory and receivables management, which could further strain liquidity and operational efficiency.
Balance Sheet Strength and Financial Ratios
Nitiraj Engineers maintains a relatively conservative balance sheet, with total borrowings at a manageable ₹3.20 Cr, resulting in a debt-to-equity ratio of just 0.04. This low leverage indicates that the company is not heavily reliant on debt financing, which can be a significant advantage in times of financial strain. Reserves stood at ₹57.33 Cr, supporting the notion of a stable capital base. However, the current ratio of 3.16x suggests a comfortable liquidity position, yet the quick ratio of 1.11x indicates that the company may face challenges in meeting short-term obligations without liquidating inventory. The price-to-book value ratio at 1.07x implies that the stock is trading at a slight premium to its book value, which could be interpreted as a sign of investor confidence, but also raises concerns about overvaluation in the context of the company’s profitability issues.
Shareholding Pattern and Investor Confidence
The shareholding structure of Nitiraj Engineers reveals a strong promoter backing at 69.07%, which can be a positive indicator of stability and long-term commitment to the company’s growth. However, the absence of Foreign Institutional Investors (FIIs) and the public holding at 30.93% may suggest a lack of broader market interest or confidence in the company’s future prospects. The number of shareholders has seen a gradual increase, reaching 4,258 as of March 2023, reflecting some level of retail interest. Nonetheless, the stagnation in institutional investment raises questions about the company’s appeal to larger investors who often seek growth potential and stability. Overall, while the promoter’s strong stake offers some reassurance, the lack of diversified investment could potentially limit the stock’s upward momentum.
Outlook, Risks, and Final Insight
The outlook for Nitiraj Engineers appears cautious given its mixed financial performance and operational challenges. The company’s ability to navigate its high cash conversion cycle and improve profitability will be crucial for restoring investor confidence. Risks include the continuous pressure on margins from rising costs and potential disruptions in the supply chain, which could further impact revenue stability. Additionally, the company’s reliance on a limited shareholder base raises concerns about liquidity and market perceptions. For retail investors, it may be wise to monitor the company’s strategic moves to enhance operational efficiency and profitability. Keeping an eye on quarterly results will be essential, as sustained improvement in metrics like OPM and net profits could signal a turnaround. In this volatile sector, patience and careful observation of the company’s strategic direction will be key for making informed investment decisions.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Nitiraj Engineers Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Incap Ltd | 46.6 Cr. | 90.8 | 161/70.0 | 52.4 | 32.6 | 1.10 % | 7.61 % | 4.95 % | 10.0 |
| Gujarat Poly Electronics Ltd | 59.0 Cr. | 69.0 | 112/64.0 | 13.6 | 16.9 | 0.00 % | 12.5 % | 20.8 % | 10.0 |
| Cosmo Ferrites Ltd | 198 Cr. | 165 | 385/136 | 20.1 | 0.00 % | 0.74 % | 20.5 % | 10.0 | |
| BCC Fuba India Ltd | 267 Cr. | 174 | 219/84.7 | 56.5 | 16.9 | 0.00 % | 18.7 % | 17.4 % | 10.0 |
| PG Electroplast Ltd | 15,381 Cr. | 540 | 1,055/465 | 60.4 | 102 | 0.05 % | 19.4 % | 14.9 % | 1.00 |
| Industry Average | 3,641.33 Cr | 1,259.56 | 79.47 | 165.67 | 0.20% | 11.17% | 15.55% | 7.92 |
Quarterly Result
| Metric | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26.00 | 21.87 | 7.07 | 11.64 | 15.19 | 4.99 | 8.78 | 12.27 | 13.59 | 7.50 | 15.85 | 11.36 | 11.37 |
| Expenses | 23.75 | 20.52 | 6.77 | 10.07 | 13.57 | 4.68 | 8.11 | 11.31 | 13.93 | 6.90 | 15.04 | 10.28 | 10.42 |
| Operating Profit | 2.25 | 1.35 | 0.30 | 1.57 | 1.62 | 0.31 | 0.67 | 0.96 | -0.34 | 0.60 | 0.81 | 1.08 | 0.95 |
| OPM % | 8.65% | 6.17% | 4.24% | 13.49% | 10.66% | 6.21% | 7.63% | 7.82% | -2.50% | 8.00% | 5.11% | 9.51% | 8.36% |
| Other Income | 0.05 | 1.83 | 0.08 | 0.05 | 0.14 | 0.06 | 0.18 | 0.06 | -2.90 | 0.03 | 0.08 | 0.07 | 0.36 |
| Interest | 0.18 | 0.27 | 0.15 | 0.04 | 0.04 | 0.08 | 0.14 | 0.13 | 0.15 | 0.14 | 0.07 | 0.08 | 0.04 |
| Depreciation | 0.56 | 0.86 | 0.75 | 0.77 | 0.79 | 0.72 | 0.75 | 0.78 | 0.88 | 0.89 | 0.91 | 0.92 | 0.96 |
| Profit before tax | 1.56 | 2.05 | -0.52 | 0.81 | 0.93 | -0.43 | -0.04 | 0.11 | -4.27 | -0.40 | -0.09 | 0.15 | 0.31 |
| Tax % | 25.00% | 31.22% | 0.00% | 14.81% | 30.11% | -2.33% | 125.00% | 36.36% | -27.40% | -25.00% | 211.11% | -133.33% | 96.77% |
| Net Profit | 1.14 | 1.27 | -0.52 | 0.69 | 0.66 | -0.41 | -0.09 | 0.08 | -3.11 | -0.30 | -0.28 | 0.36 | 0.00 |
| EPS in Rs | 1.11 | 1.24 | -0.51 | 0.67 | 0.64 | -0.40 | -0.09 | 0.08 | -3.03 | -0.29 | -0.27 | 0.35 | 0.00 |
Last Updated: February 28, 2025, 6:07 pm
Below is a detailed analysis of the quarterly data for Nitiraj Engineers Ltd based on the most recent figures (Mar 2023) and their trends compared to the previous period:
- For Sales, as of Mar 2023, the value is 11.37 Cr.. The value appears strong and on an upward trend. It has increased from 11.36 Cr. (Dec 2022) to 11.37 Cr., marking an increase of 0.01 Cr..
- For Expenses, as of Mar 2023, the value is 10.42 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10.28 Cr. (Dec 2022) to 10.42 Cr., marking an increase of 0.14 Cr..
- For Operating Profit, as of Mar 2023, the value is 0.95 Cr.. The value appears to be declining and may need further review. It has decreased from 1.08 Cr. (Dec 2022) to 0.95 Cr., marking a decrease of 0.13 Cr..
- For OPM %, as of Mar 2023, the value is 8.36%. The value appears to be declining and may need further review. It has decreased from 9.51% (Dec 2022) to 8.36%, marking a decrease of 1.15%.
- For Other Income, as of Mar 2023, the value is 0.36 Cr.. The value appears strong and on an upward trend. It has increased from 0.07 Cr. (Dec 2022) to 0.36 Cr., marking an increase of 0.29 Cr..
- For Interest, as of Mar 2023, the value is 0.04 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.08 Cr. (Dec 2022) to 0.04 Cr., marking a decrease of 0.04 Cr..
- For Depreciation, as of Mar 2023, the value is 0.96 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.92 Cr. (Dec 2022) to 0.96 Cr., marking an increase of 0.04 Cr..
- For Profit before tax, as of Mar 2023, the value is 0.31 Cr.. The value appears strong and on an upward trend. It has increased from 0.15 Cr. (Dec 2022) to 0.31 Cr., marking an increase of 0.16 Cr..
- For Tax %, as of Mar 2023, the value is 96.77%. The value appears to be increasing, which may not be favorable. It has increased from -133.33% (Dec 2022) to 96.77%, marking an increase of 230.10%.
- For Net Profit, as of Mar 2023, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.36 Cr. (Dec 2022) to 0.00 Cr., marking a decrease of 0.36 Cr..
- For EPS in Rs, as of Mar 2023, the value is 0.00. The value appears to be declining and may need further review. It has decreased from 0.35 (Dec 2022) to 0.00, marking a decrease of 0.35.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 2:22 pm
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Sales | 61.06 | 67.81 | 39.44 | 53.88 | 47.86 | 53.40 | 39.63 | 46.08 |
| Expenses | 52.48 | 59.86 | 35.69 | 45.22 | 44.43 | 45.38 | 38.00 | 42.59 |
| Operating Profit | 8.58 | 7.95 | 3.75 | 8.66 | 3.43 | 8.02 | 1.63 | 3.49 |
| OPM % | 14.05% | 11.72% | 9.51% | 16.07% | 7.17% | 15.02% | 4.11% | 7.57% |
| Other Income | 0.15 | 0.31 | 2.26 | 1.14 | 1.88 | 0.23 | -2.62 | 0.47 |
| Interest | 0.74 | 0.51 | 0.05 | 0.11 | 0.45 | 0.28 | 0.50 | 0.32 |
| Depreciation | 0.95 | 0.90 | 1.75 | 1.26 | 1.42 | 3.09 | 3.13 | 3.68 |
| Profit before tax | 7.04 | 6.85 | 4.21 | 8.43 | 3.44 | 4.88 | -4.62 | -0.04 |
| Tax % | 23.86% | 32.85% | 27.79% | 28.71% | 29.65% | 27.25% | -23.81% | 475.00% |
| Net Profit | 5.36 | 4.60 | 3.04 | 6.02 | 2.41 | 3.54 | -3.53 | -0.23 |
| EPS in Rs | 7.15 | 4.47 | 2.95 | 5.84 | 2.35 | 3.45 | -3.44 | -0.22 |
| Dividend Payout % | 0.00% | 3.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 |
|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -14.18% | -33.91% | 98.03% | -59.97% | 46.89% | -199.72% | 93.48% |
| Change in YoY Net Profit Growth (%) | 0.00% | -19.73% | 131.94% | -157.99% | 106.85% | -246.61% | 293.20% |
Nitiraj Engineers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2016-2017 to 2022-2023.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | -1% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 33% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 1% |
| Last Year: | 0% |
Last Updated: September 5, 2025, 11:45 am
Balance Sheet
Last Updated: Unknown
| Month | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.00 | 8.20 | 8.20 | 8.20 | 10.25 | 10.25 | 10.25 | 10.25 |
| Reserves | 25.63 | 49.42 | 52.58 | 58.60 | 58.96 | 61.04 | 57.45 | 57.33 |
| Borrowings | 7.19 | 0.00 | 0.00 | 0.00 | 5.35 | 0.62 | 3.97 | 3.20 |
| Other Liabilities | 6.33 | 7.55 | 3.28 | 5.99 | 3.89 | 7.25 | 5.56 | 9.04 |
| Total Liabilities | 45.15 | 65.17 | 64.06 | 72.79 | 78.45 | 79.16 | 77.23 | 79.82 |
| Fixed Assets | 8.73 | 10.80 | 12.50 | 26.80 | 37.53 | 28.10 | 36.31 | 33.60 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.15 | 1.60 | 1.60 |
| Investments | 1.01 | 22.01 | 24.66 | 1.93 | 1.75 | 2.04 | 1.94 | 1.49 |
| Other Assets | 35.41 | 32.36 | 26.90 | 44.06 | 39.17 | 37.87 | 37.38 | 43.13 |
| Total Assets | 45.15 | 65.17 | 64.06 | 72.79 | 78.45 | 79.16 | 77.23 | 79.82 |
Below is a detailed analysis of the balance sheet data for Nitiraj Engineers Ltd based on the most recent figures (Mar 2023) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2023, the value is 10.25 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2022) which recorded 10.25 Cr..
- For Reserves, as of Mar 2023, the value is 57.33 Cr.. The value appears to be declining and may need further review. It has decreased from 57.45 Cr. (Mar 2022) to 57.33 Cr., marking a decrease of 0.12 Cr..
- For Borrowings, as of Mar 2023, the value is 3.20 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 3.97 Cr. (Mar 2022) to 3.20 Cr., marking a decrease of 0.77 Cr..
- For Other Liabilities, as of Mar 2023, the value is 9.04 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.56 Cr. (Mar 2022) to 9.04 Cr., marking an increase of 3.48 Cr..
- For Total Liabilities, as of Mar 2023, the value is 79.82 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 77.23 Cr. (Mar 2022) to 79.82 Cr., marking an increase of 2.59 Cr..
- For Fixed Assets, as of Mar 2023, the value is 33.60 Cr.. The value appears to be declining and may need further review. It has decreased from 36.31 Cr. (Mar 2022) to 33.60 Cr., marking a decrease of 2.71 Cr..
- For CWIP, as of Mar 2023, the value is 1.60 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2022) which recorded 1.60 Cr..
- For Investments, as of Mar 2023, the value is 1.49 Cr.. The value appears to be declining and may need further review. It has decreased from 1.94 Cr. (Mar 2022) to 1.49 Cr., marking a decrease of 0.45 Cr..
- For Other Assets, as of Mar 2023, the value is 43.13 Cr.. The value appears strong and on an upward trend. It has increased from 37.38 Cr. (Mar 2022) to 43.13 Cr., marking an increase of 5.75 Cr..
- For Total Assets, as of Mar 2023, the value is 79.82 Cr.. The value appears strong and on an upward trend. It has increased from 77.23 Cr. (Mar 2022) to 79.82 Cr., marking an increase of 2.59 Cr..
Notably, the Reserves (57.33 Cr.) exceed the Borrowings (3.20 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 1.39 | 7.95 | 3.75 | 8.66 | -1.92 | 7.40 | -2.34 | 0.29 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62.23 | 29.17 | 38.78 | 104.19 | 74.13 | 60.35 | 75.98 | 51.64 |
| Inventory Days | 264.20 | 158.45 | 223.01 | 239.67 | 198.70 | 175.08 | 260.16 | 340.96 |
| Days Payable | 84.29 | 104.66 | 53.95 | 79.62 | 48.31 | 29.56 | 16.66 | 38.34 |
| Cash Conversion Cycle | 242.13 | 82.96 | 207.83 | 264.25 | 224.51 | 205.87 | 319.49 | 354.26 |
| Working Capital Days | 100.55 | 53.77 | 144.65 | 188.12 | 118.90 | 170.61 | 206.12 | 182.34 |
| ROCE % | 15.26% | 4.86% | 12.70% | 4.20% | 7.05% | -1.48% | 0.38% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | -0.22 | -3.44 | 3.45 | 2.35 | 7.34 |
| Diluted EPS (Rs.) | -0.22 | -3.44 | 3.45 | 2.35 | 7.34 |
| Cash EPS (Rs.) | 3.41 | -0.21 | 6.36 | 3.91 | 8.93 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 65.92 | 66.04 | 70.97 | 67.52 | 81.46 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 65.92 | 66.04 | 70.97 | 67.52 | 81.46 |
| Revenue From Operations / Share (Rs.) | 44.95 | 38.66 | 52.50 | 46.69 | 65.70 |
| PBDIT / Share (Rs.) | 3.91 | 2.31 | 7.83 | 5.34 | 12.01 |
| PBIT / Share (Rs.) | 0.31 | -0.74 | 5.01 | 3.96 | 10.48 |
| PBT / Share (Rs.) | 0.01 | -4.34 | 4.80 | 3.52 | 10.34 |
| Net Profit / Share (Rs.) | -0.17 | -3.27 | 3.55 | 2.52 | 7.40 |
| NP After MI And SOA / Share (Rs.) | -0.22 | -3.44 | 3.45 | 2.35 | 7.34 |
| PBDIT Margin (%) | 8.69 | 5.97 | 14.91 | 11.44 | 18.27 |
| PBIT Margin (%) | 0.71 | -1.93 | 9.55 | 8.47 | 15.94 |
| PBT Margin (%) | 0.01 | -11.24 | 9.14 | 7.54 | 15.73 |
| Net Profit Margin (%) | -0.39 | -8.47 | 6.75 | 5.40 | 11.26 |
| NP After MI And SOA Margin (%) | -0.49 | -8.90 | 6.57 | 5.03 | 11.16 |
| Return on Networth / Equity (%) | -0.34 | -5.21 | 4.86 | 3.48 | 9.00 |
| Return on Capital Employeed (%) | 0.47 | -1.11 | 7.03 | 5.82 | 12.82 |
| Return On Assets (%) | -0.28 | -4.56 | 4.50 | 3.07 | 8.26 |
| Total Debt / Equity (X) | 0.04 | 0.05 | 0.00 | 0.07 | 0.00 |
| Asset Turnover Ratio (%) | 0.58 | 0.50 | 0.68 | 0.63 | 0.78 |
| Current Ratio (X) | 3.16 | 3.70 | 4.68 | 3.36 | 6.06 |
| Quick Ratio (X) | 1.11 | 1.93 | 2.15 | 1.75 | 3.05 |
| Inventory Turnover Ratio (X) | 1.45 | 1.43 | 2.01 | 1.42 | 1.99 |
| Interest Coverage Ratio (X) | 12.57 | 4.78 | 36.24 | 12.27 | 89.26 |
| Interest Coverage Ratio (Post Tax) (X) | 0.43 | 0.67 | 17.42 | 6.79 | 55.99 |
| Enterprise Value (Cr.) | 74.76 | 77.63 | 46.69 | 56.97 | 36.13 |
| EV / Net Operating Revenue (X) | 1.62 | 1.96 | 0.86 | 1.19 | 0.67 |
| EV / EBITDA (X) | 18.65 | 32.79 | 5.82 | 10.40 | 3.67 |
| MarketCap / Net Operating Revenue (X) | 1.58 | 1.89 | 0.91 | 1.19 | 0.70 |
| Price / BV (X) | 1.07 | 1.10 | 0.67 | 0.82 | 0.56 |
| Price / Net Operating Revenue (X) | 1.58 | 1.89 | 0.91 | 1.19 | 0.70 |
| EarningsYield | 0.00 | -0.04 | 0.07 | 0.04 | 0.15 |
After reviewing the key financial ratios for Nitiraj Engineers Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 23, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 22) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 23, the value is -0.22. This value is below the healthy minimum of 5. It has increased from -3.44 (Mar 22) to -0.22, marking an increase of 3.22.
- For Diluted EPS (Rs.), as of Mar 23, the value is -0.22. This value is below the healthy minimum of 5. It has increased from -3.44 (Mar 22) to -0.22, marking an increase of 3.22.
- For Cash EPS (Rs.), as of Mar 23, the value is 3.41. This value is within the healthy range. It has increased from -0.21 (Mar 22) to 3.41, marking an increase of 3.62.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 65.92. It has decreased from 66.04 (Mar 22) to 65.92, marking a decrease of 0.12.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 23, the value is 65.92. It has decreased from 66.04 (Mar 22) to 65.92, marking a decrease of 0.12.
- For Revenue From Operations / Share (Rs.), as of Mar 23, the value is 44.95. It has increased from 38.66 (Mar 22) to 44.95, marking an increase of 6.29.
- For PBDIT / Share (Rs.), as of Mar 23, the value is 3.91. This value is within the healthy range. It has increased from 2.31 (Mar 22) to 3.91, marking an increase of 1.60.
- For PBIT / Share (Rs.), as of Mar 23, the value is 0.31. This value is within the healthy range. It has increased from -0.74 (Mar 22) to 0.31, marking an increase of 1.05.
- For PBT / Share (Rs.), as of Mar 23, the value is 0.01. This value is within the healthy range. It has increased from -4.34 (Mar 22) to 0.01, marking an increase of 4.35.
- For Net Profit / Share (Rs.), as of Mar 23, the value is -0.17. This value is below the healthy minimum of 2. It has increased from -3.27 (Mar 22) to -0.17, marking an increase of 3.10.
- For NP After MI And SOA / Share (Rs.), as of Mar 23, the value is -0.22. This value is below the healthy minimum of 2. It has increased from -3.44 (Mar 22) to -0.22, marking an increase of 3.22.
- For PBDIT Margin (%), as of Mar 23, the value is 8.69. This value is below the healthy minimum of 10. It has increased from 5.97 (Mar 22) to 8.69, marking an increase of 2.72.
- For PBIT Margin (%), as of Mar 23, the value is 0.71. This value is below the healthy minimum of 10. It has increased from -1.93 (Mar 22) to 0.71, marking an increase of 2.64.
- For PBT Margin (%), as of Mar 23, the value is 0.01. This value is below the healthy minimum of 10. It has increased from -11.24 (Mar 22) to 0.01, marking an increase of 11.25.
- For Net Profit Margin (%), as of Mar 23, the value is -0.39. This value is below the healthy minimum of 5. It has increased from -8.47 (Mar 22) to -0.39, marking an increase of 8.08.
- For NP After MI And SOA Margin (%), as of Mar 23, the value is -0.49. This value is below the healthy minimum of 8. It has increased from -8.90 (Mar 22) to -0.49, marking an increase of 8.41.
- For Return on Networth / Equity (%), as of Mar 23, the value is -0.34. This value is below the healthy minimum of 15. It has increased from -5.21 (Mar 22) to -0.34, marking an increase of 4.87.
- For Return on Capital Employeed (%), as of Mar 23, the value is 0.47. This value is below the healthy minimum of 10. It has increased from -1.11 (Mar 22) to 0.47, marking an increase of 1.58.
- For Return On Assets (%), as of Mar 23, the value is -0.28. This value is below the healthy minimum of 5. It has increased from -4.56 (Mar 22) to -0.28, marking an increase of 4.28.
- For Total Debt / Equity (X), as of Mar 23, the value is 0.04. This value is within the healthy range. It has decreased from 0.05 (Mar 22) to 0.04, marking a decrease of 0.01.
- For Asset Turnover Ratio (%), as of Mar 23, the value is 0.58. It has increased from 0.50 (Mar 22) to 0.58, marking an increase of 0.08.
- For Current Ratio (X), as of Mar 23, the value is 3.16. This value exceeds the healthy maximum of 3. It has decreased from 3.70 (Mar 22) to 3.16, marking a decrease of 0.54.
- For Quick Ratio (X), as of Mar 23, the value is 1.11. This value is within the healthy range. It has decreased from 1.93 (Mar 22) to 1.11, marking a decrease of 0.82.
- For Inventory Turnover Ratio (X), as of Mar 23, the value is 1.45. This value is below the healthy minimum of 4. It has increased from 1.43 (Mar 22) to 1.45, marking an increase of 0.02.
- For Interest Coverage Ratio (X), as of Mar 23, the value is 12.57. This value is within the healthy range. It has increased from 4.78 (Mar 22) to 12.57, marking an increase of 7.79.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 23, the value is 0.43. This value is below the healthy minimum of 3. It has decreased from 0.67 (Mar 22) to 0.43, marking a decrease of 0.24.
- For Enterprise Value (Cr.), as of Mar 23, the value is 74.76. It has decreased from 77.63 (Mar 22) to 74.76, marking a decrease of 2.87.
- For EV / Net Operating Revenue (X), as of Mar 23, the value is 1.62. This value is within the healthy range. It has decreased from 1.96 (Mar 22) to 1.62, marking a decrease of 0.34.
- For EV / EBITDA (X), as of Mar 23, the value is 18.65. This value exceeds the healthy maximum of 15. It has decreased from 32.79 (Mar 22) to 18.65, marking a decrease of 14.14.
- For MarketCap / Net Operating Revenue (X), as of Mar 23, the value is 1.58. This value is within the healthy range. It has decreased from 1.89 (Mar 22) to 1.58, marking a decrease of 0.31.
- For Price / BV (X), as of Mar 23, the value is 1.07. This value is within the healthy range. It has decreased from 1.10 (Mar 22) to 1.07, marking a decrease of 0.03.
- For Price / Net Operating Revenue (X), as of Mar 23, the value is 1.58. This value is within the healthy range. It has decreased from 1.89 (Mar 22) to 1.58, marking a decrease of 0.31.
- For EarningsYield, as of Mar 23, the value is 0.00. This value is below the healthy minimum of 5. It has increased from -0.04 (Mar 22) to 0.00, marking an increase of 0.04.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Nitiraj Engineers Ltd:
- Net Profit Margin: -0.39%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 0.47% (Industry Average ROCE: 11.17%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: -0.34% (Industry Average ROE: 15.55%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 0.43
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.11
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 0 (Industry average Stock P/E: 79.47)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.04
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -0.39%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electronics - Equipment/Components | 306 A Babha Building, Mumbai Maharashtra 400011 | investor@nitiraj.net http://www.nitiraj.net |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Rajesh Raghunath Bhatwal | Chairman & Managing Director |
| Mrs. Shakuntala Rajesh Bhatwal | Whole Time Director |
| Mr. Yi Hung Sin | Whole Time Director |
| Mr. Gajendra Sharadchandra Deshmukh | Whole Time Director |
| Mr. Deepam Pradeep Shah | Ind. Non-Executive Director |
| Mr. Pranit Anil Bangad | Ind. Non-Executive Director |
| Mr. Pradeep Chandrakant Shah | Ind. Non-Executive Director |
| Mr. Anil Nandkishor Bangad | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Nitiraj Engineers Ltd?
Nitiraj Engineers Ltd's intrinsic value (as of 11 December 2025) is 2.79 which is 98.45% lower the current market price of 180.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 185 Cr. market cap, FY2025-2026 high/low of 422/177, reserves of ₹57.33 Cr, and liabilities of 79.82 Cr.
What is the Market Cap of Nitiraj Engineers Ltd?
The Market Cap of Nitiraj Engineers Ltd is 185 Cr..
What is the current Stock Price of Nitiraj Engineers Ltd as on 11 December 2025?
The current stock price of Nitiraj Engineers Ltd as on 11 December 2025 is 180.
What is the High / Low of Nitiraj Engineers Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Nitiraj Engineers Ltd stocks is 422/177.
What is the Stock P/E of Nitiraj Engineers Ltd?
The Stock P/E of Nitiraj Engineers Ltd is .
What is the Book Value of Nitiraj Engineers Ltd?
The Book Value of Nitiraj Engineers Ltd is 65.9.
What is the Dividend Yield of Nitiraj Engineers Ltd?
The Dividend Yield of Nitiraj Engineers Ltd is 0.83 %.
What is the ROCE of Nitiraj Engineers Ltd?
The ROCE of Nitiraj Engineers Ltd is 0.38 %.
What is the ROE of Nitiraj Engineers Ltd?
The ROE of Nitiraj Engineers Ltd is 0.35 %.
What is the Face Value of Nitiraj Engineers Ltd?
The Face Value of Nitiraj Engineers Ltd is 10.0.